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20130113
20130121
STATION
CSPAN 10
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English 10
Search Results 0 to 9 of about 10
CSPAN
Jan 17, 2013 1:00pm EST
of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. but i didn't come here to talk about any of those important subjects today, because as important as they allr today we have a more urgent and immediate call and that is how to deal with the epidemic of gun violence in america. you all know the statistics better than anyone so i'm not going to repeat them. on that score, i owe an incredible debt of gratitude to you at the head table and those of you in the room. i know we don't have you nan hit in this ballroom nor do we in any ballroom, but we all acknowledge that we have to do something. we have to act. and i hope we all agree, there is a need to respond to the carnage on our streets and in our schools. i hope we all agree that mass shootings like the one we witnessed in newtown 34 days ago cannot be continued to be tolerated. that tragedy has affected the public in a way i have never see
CSPAN
Jan 14, 2013 8:00pm EST
-imposed thing coming up is a debt ceiling, something americans have not heard of before two years ago. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have party been racked up, and we need to pay them. so while i am willing to compromise and find common ground for how to reduce the deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. if congressional republicans refuse to pay america's bills on time, social security checks, veterans benefits will be delayed. we might not be able to pay our troops or honor our contracts with small-business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear materials would not get their paychecks. investors around the world will ask if the united states of america is in fact a safe bet. markets could go haywire. interest rates would spike for anyone who
CSPAN
Jan 15, 2013 8:00pm EST
yesterday talking about the debt limit, debt ceiling. he's talked about our economy. i think it's worth noting that since 1923, when the president was required to furnish a budget in a time deadline given for furnishing that budget, 90 years, 90 years the president is required by law to furnish a budget. since 1923 those, those ensuing 90 years, there were apparently 11 times when presidents have been unable to get the budget to congress as required by law. and most of those -- well, some of those 11, there were very good reasons. but it's interesting to note in the last 90 years, out of the 11 times that the budget from the president has been late, four of those 11 have been under the obama administration. we're also informed that there is a chance once again, like there was a year and a half ago, that our credit rating of the u.s. could be lowered again. by another credit rating agency. some have tried to paint it as a different story, different picture, but for those of us who recall what happened, s&p made it clear that they didn't believe that the united states was serious about de
CSPAN
Jan 13, 2013 7:00am EST
the debt ceiling. it also removes the debate on section four of the 14th amendment. we will focus on all of this this sunday morning. it was a call. numbers at the bottom of your screen. we also want you to join us online on twitter and facebook or send us an e-mail. we will get your calls and comments in just a moment. our question, whether or not they residents can -- president can't bypass congress to raise the debt ceiling. she is preparing for his inaugural address. the president will seek a citizenship pass in a push as the debate over immigration continues here in washington and around the country. another headline getting a lot of attention is that the vice president continues his recommendations on how to deal with gun violence. tuesday he will give the president has outlined. p--- his outline. ,et's go to the hill newspaper which has one of a number of stories on this sunday morning related to the debt limit. senate democrats telling the president he may need to raise the debt limit on his own. a letter sent to the president on friday advising the white house to be prepared to
CSPAN
Jan 17, 2013 8:00pm EST
the sequestered, the debt ceiling, and you have the continuing resolution. the sequestered and debt ceiling fall on top of each other towards the end of february. these to say and republican leadership and the senate, which is served in for 12 years, you never take a hostage you cannot shoot. the problem with the house was they took hostage the cannot shoot when they took the fiscal cliff. if the republican members of congress take the debt ceiling as a hostage, it is a hostage you cannot shoot. as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game is over. tenfold. because believe me, though congress can stand up to the senior lobby. so that is not a legiti
CSPAN
Jan 20, 2013 10:30am EST
back the debt ceiling for about three months, i believe. i was wondering if there was any chance for congress and the president to foster more bipartisanship during the second term? >> i think that will be a major theme of his speech tomorrow. i think he will be speaking out, once again, across the aisle to call for the reaching of common ground on these major issues, like the debt ceiling, the budget, gun-control, immigration, tax reform, those kinds of things. i think it is true that we have a divided government now. it has been a difficult four years, but president obama is a natural conciliate her -- conciliation person, and he will make that a big theme of his second term. i think you will hear some of that tomorrow. >> this is from this morning's "washington post." you can draw an analogy to two former president, franklin roosevelt and dwight eisenhower, finding parallels to what fdr delivered in his second address in 1937, and what eisenhower faced in 1957. >> the roosevelt second inaugural address is interesting to read because it really is of a peace with first inaugural
CSPAN
Jan 18, 2013 7:00am EST
the debt clock. difficult choices on the debt if the u.s. think it's ceiling. the piece points out by mid february or early march the united states could face an unprecedented default unless it raises the debt ceiling. that was from tim geithner. further into the body of the "new york times" story i want to is share with you some of the numbers "the new york times" points out today. that could happen as early as february 15, if that happens by february 15 or early march, according to the by partisan policy center in analysis of what the government expects is $8 billion in revenue that day but it has $52 billion in spending that day, $6.8 billion in tax refunds, $3.5 in federal salaries, and $1.5 ode to military contractors and other commitments. consider again that day on february 15 f that is the day we reach the limit, the country would not have enough money to pay the bond holders let alone anyone else, more over analysts have raced questions about whether the treasury would be able to reprogram the ought mated payment system to prioritize some payments over others. the role of governm
CSPAN
Jan 17, 2013 5:00pm EST
the debt ceiling in a timely manner and providing more clarity on policies could actually generate a boost in confidence and open the door for faster growth in the second half of 2013. looking at the labor market, we see lackluster growth in 2013 wing on job creation. we actually see gains of slowing in the first half of 2013 before picking up. it is a little bit slower than in the 4 1/4 with the doctrines of around 50,000 per month. slower gdp growth is going to be driven, we think, by a consumer that is going to be hobbled by tax increases. we will remain positive in 2013 combined -- in 2013, but not appositive in consumer spending over the fourth quarter the second half will be particularly weighed down by less money in their paychecks. and we think as the year progresses, the strength of the housing market, the while the effects of the home price gains and perhaps to improvement in housing could lead to somewhat stronger consumer spending. we did see a 12% gain in housing starts this morning month over month. 37% year over year. these are strong numbers. we did see improvement in home
CSPAN
Jan 19, 2013 7:00am EST
the debt ceiling for three months. what this bill will actually do is set a provision that if the senate does not pass that budget in three months then their pay checks would be withheld, so that's the enforcement mechanism. it actually doesn't require any promise that the senate do its budget. there's conceiveably still the thought that they could not do the budget and not get paid. host: so then the house would respond in kind? tell us a little bit then why use this as a mechanism? >> the strategy here is they are trying to go on offense again, because they had a brutal holiday stretch of sort of failed negotiating ploys and in-fighting and they are trying to turn the tables so people will talk about why went to democrats cut spending? one way they can do that is by talking about the fact that the senate hasn't passed a budget in four years. it's uplimited value there's a conventional wisdom that it's not that important but when the people in the country hear that the senate hasn't passed a budget which sounds like a basic failure of their duty and it's an effective talking point the r
CSPAN
Jan 16, 2013 1:00pm EST
. the way the republicans are threatening to use the debt ceiling delays everything and it puts the perspective in the wrong place. i think it is a serious mistake for them to even think about that. you were talking earlier about the articles this morning saying how dangerous it is to use the debt ceiling to essentially put the full faith and credit of this country in real jeopardy. so i'm very concerned about the consequences of doing that or even threatening to do it immediately and, also, it really shifts the focus, instead of it being on the debt ceiling, it should be elsewhere, including tax reform. host: if tax reform does not happen in 2013 -- guest: it may not happen. host: what is the impact of that? what is the implication? guest: i have said all along it is important for us to look beyond the label "tax reform." for example, we urged early on tax reform bringing the rates down to 25% individual and corporate, they -- without indicating how in the world they would do that. some said, we can use the exemptions and deductions. we have already begun to use them, i hope, i
Search Results 0 to 9 of about 10